They both boast golden beaches, 82-degree fahrenheit summer days and glamorous waterfront real estate, but when it comes to comparing property prices there is a great divide between Perth and Sydney.
Perth has emerged as Australia's hottest property market fuelled by the nation's strongest population growth, chronic housing shortages, high wages and a buoyant resources-led economy.
Australian homeowners are still cashing in on record property gains, but falling prices and tighter borrowing signal the ...